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Europe Daily Bulletin No. 9887

23 April 2009
Contents Publication in full By article 17 / 35
GENERAL NEWS / (eu) eu/economy
Euro area and EU27 government deficits at 1.9% and 2.3% in 2008

Brussels, 22/04/2009 (Agence Europe) - According to early submissions by member states, government deficit and government debt in Europe increased dramatically between 2007 and 2008. In the euro area, the government deficit to GDP ratio increased from 0.6% in 2007 to 1.9% in 2008, and in the EU27 it increased from 0.8% to 2.3%, data published by Eurostat on Wednesday 22 April reveal. Similarly, in the euro area the government debt to GDP ratio increased from 66.0% at the end of 2007 to 69.3%...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS